Bank Of America, Goldman Sachs, Citi Join Push to Launch Global Stablecoin
Wall Street giants including Bank of America, Goldman Sachs and Citi are joining a 21-firm consortium targeting a global, regulated dollar stablecoin launch in the first half of 2027.
Big banks want to create a new kind of digital money backed by real dollars that people worldwide could use. When giant companies work together on something new like this, it shows they think the technology matters—but it's still years away and might face challenges.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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